598 Rankin Chapel RdOakdaleTN37829
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Oakdale at 598 Rankin Chapel Rd, Oakdale, TN, 37829 priced at $100,000 converts $1,525/mo rent into $927/mo cash flow after a $489/mo obligation. Total monthly income equals $1,525/mo, and annual cash flow totals $11,122/yr on $33,150 invested. Return on cash invested prints 53.46% in year one, and rental yield reads 18.3% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 282.51% and total cumulative return in cash sums $93,652. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,525/mo property income covering a $489/mo payment, not borrower’s personal income.
Manufactured
Built in 2011
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37829, Oakdale, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 772 (100%) |
| Owner Occupied HU | 572 (74.1%) |
| Renter Occupied HU | 115 (14.9%) |
| Vacant Housing Units | 85 (11.0%) |
| Median Home Value | $171,646 |
| Average Home Value | $241,565 |
Housing Distribution
Address Breakdown
Residential
658
Single Family
658
Multi-Family
0
Businesses
14
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